Key Regulatory & Industry Initiatives

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Excerpt from the World Payments Report 2011

The payments industry is evolving due to a combination of exogenous and endogenous forces; that pressure has intensified even further since the financial crisis and the combined forces of key regulatory and industry initiatives are now converging to drive change far into the future.

This excerpt from the World Payments Report 2011 looks how key regulatory and industry initiatives are at the heart of five main industry transformation trends which together are reworking many aspects of the payments market and the positioning of participants. It also shows how SEPA adoption levels reflect increased usage in the last year of SEPA credit transfers and explores the way eGovernment initiatives are emerging as a key enabler of non-cash payments.